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$3.4 trillion in individual tax cuts are expiring next year. Biden and Trump would handle it very...
CNN via Yahoo Finance· 6 days agoComplicating the analysis is the arrival of the Covid-19 pandemic in 2020, which temporarily threw...
National debt will exceed $50 trillion by 2034, budget watchdog estimates
Stars and Stripes· 17 hours agoThe federal deficit will swell to $1.9 trillion dollars this fiscal year and keep growing until the overall national debt hits $50.7 trillion a decade from now, according to a new report from ...
Trump’s Threatened Tariffs Hold Inflation Risk, McCormick Says
Bloomberg via Yahoo News· 7 hours ago...McCormick, the former hedge fund executive turned Republican Senate candidate, said he’s...
Senate to ramp up 2025 funding efforts in July
The Hill via AOL· 3 hours agoSenate Appropriations Chair Patty Murray (D-Wash.) said the upper chamber is expected to mark up its full-year funding bills for fiscal 2025 in early...
Congressional Budget Office raises this year’s federal budget deficit projection by $400 billion
WTVO - WQRF Rockford· 2 hours agoWASHINGTON (AP) — The Congressional Budget Office said Tuesday that it projects this year’s federal...
Student loan relief contributing to 27% jump in projected federal budget deficit, per CBO
CNN.com· 2 hours agoThe federal budget deficit will hit $1.9 trillion this fiscal year, according to an updated...
US deficit projected to reach $1.9 trillion this year
The Hill via Yahoo News· 6 hours agoWhite House Press Secretary Karine Jean-Pierre called the report “further evidence of the need for ...
Biden ramps up push to end Trump's tax cuts for the wealthy, highlighting the choice in the 2024...
NBC News via Yahoo News· 13 hours agoDemocratic President Joe Biden wants to raise taxes on wealthy Americans if he’s re-elected, while...
Gateway - Quartz
Quartz· 8 hours agoIn short, the agreement solves a problem the US shouldn’t have faced in the first place, puts some limits on a small chunk of government spending, and makes some policy changes ...
Increased spending pushes 2024 US budget deficit estimate to $1.9 trillion
Reuters via Yahoo Finance· 5 hours agoThe CBO said in an update to its budget outlook...